I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
Everyone seems to be saying the same thing as it relates to the reason for the pump of ethereum, but I believe there may be something else that's lieing below the surface. Its on record that over 3 million wallets hold over 0.1 ethereum and that's an indication that many people are joining the space. There's been an influx of ponzi using the ethereum smart contract and deceiving the masses, ponzi like forsage is making wave and I found out from ethereum gas station that forsage is the second highest gas user in the last 30 days. I know several other ponzi using the ethereum protocol like million money, lion share and several others. They may be contributing to bringing more funds to the cryptocurrency space.